Iress takeover bid off; iron ore tumbles again
UBS slashes iron ore price forecast, says sell Fortescue, Rio. Iress sinks 10pc on takeover failure. Asian equities lift. Gold lower on strong US retail sales, $A falls.
Source: afr.com
Stay updated with breaking news from Richard Coppelson. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
UBS slashes iron ore price forecast, says sell Fortescue, Rio. Iress sinks 10pc on takeover failure. Asian equities lift. Gold lower on strong US retail sales, $A falls.